Global Land Mobile Radio Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Land Mobile Radio Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Land Mobile Radio is a push-to-talk two-way communication between radio transceivers, a human-to-human voice communication system consisting of two-way radio transceivers (audio transmitter and receiver in one unit) that can be Fixed base unit, mobile (installed in a vehicle), or portable (handheld radio). Land Mobile Radio is used in various industries, including mission-critical communications in public safety and private communications in the commercial sector. Land Mobile Radio is the primary communication method for these industries, enabling secure and instant daily communication.

Market Overview:

The latest research study on the global Land Mobile Radio market finds that the global Land Mobile Radio market reached a value of USD 10122.6 million in 2022. It’s expected that the market will achieve USD 17249.43 million by 2028, exhibiting a CAGR of 9.29% during the forecast period.

The new crown epidemic affects the development of the industrial chain

The COVID-19 epidemic has had a great impact on global investment, consumption, industrial and supply chains. It also has a great influence on the industrial chain of Land Mobile Radio. Including difficulties in purchasing raw materials and equipment, difficulties in transportation and supply, upstream companies affecting the work progress of downstream companies, and production plans being blocked. As workers are unable to go to work normally, production capacity is reduced, or businesses are required to suspend production. The development of downstream industries has also been affected by the epidemic, reducing the demand for Land Mobile Radio. At the same time, if the customer's delivery time requirements cannot be met in accordance with the contract, the customer may find another company and lose business. Some small and medium-sized enterprises are facing bankruptcy due to difficulties in cash flow. Therefore, the outbreak of the COVID-19 epidemic finally caused the entire Land Mobile Radio industry chain to be severely hindered.

Region Overview:

In 2021, the share of the Land Mobile Radio market in North America stood at 36.48%

Company Overview:

Motorola Solutions, Inc. is one of the major players operating in the Land Mobile Radio market, holding a share of 28.51% in 2022.

Segmentation Overview:


By type, Project 25 segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment First Responders (Police, Fire & EMS), with a market share of 30.81% in 2021.

Key Companies in the global Land Mobile Radio market covered in Chapter 3:

BK Technologies
Simoco Wireless Solutions
Leonardo S.p.A.
Tait Radio Communications Limited
ICOM Inc.
Motorola Solutions, Inc.
Thales SA
Harris Corporation
JVC Kenwood Corporation
Hytera Communications Corporation Limited

In Chapter 4 and Chapter 14.2, on the basis of types, the Land Mobile Radio market from 2018 to 2029 is primarily split into:

Project 25
TETRA
iDEN
VHF/UHV
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Land Mobile Radio market from 2018 to 2029 covers:

Military
Commercial
Construction
Transportation
First Responders (Police, Fire & EMS)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)